News Stocks PCBL Chemical Limited receives reaffirmed credit ratings from ICRA for Rs. 2,400.00 crores worth instrumentsPCBL Chemical Limited receives reaffirmed credit ratings from ICRA for Rs. 2,400.00 crores worth instruments
ICRA Limited reaffirmed credit ratings for PCBL Chemical Limited's financial instruments worth Rs. 2,400.00 crores on 12th February, 2026. The rating agency maintained [ICRA]AA(Negative) ratings for long-term facilities including NCDs (Rs. 700.00 crores), term loans (Rs. 583.10 crores), working capital term loan (Rs. 480.00 crores), and unallocated facility (Rs. 136.90 crores), while reaffirming [ICRA]A1+ rating for commercial paper (Rs. 500.00 crores). The company has duly informed stock exchanges about these rating reaffirmations under regulatory compliance requirements.
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PCBL Chemical Limited has received reaffirmed credit ratings from ICRA Limited for various financial instruments totaling Rs. 2,400.00 crores. The rating agency communicated its decision on 12th February, 2026, maintaining existing ratings across multiple credit facilities and instruments.
Credit Rating Details
ICRA Limited has reaffirmed ratings for five different financial instruments of the company. The rating actions cover both long-term and short-term credit facilities across various categories.
| Instrument | Amount (Rs. in crores) | Rating | Rating Action |
|---|---|---|---|
| Non-Convertible Debentures (NCD) | 700.00 | [ICRA]AA(Negative) | Reaffirmed |
| Commercial Paper | 500.00 | [ICRA]A1+ | Reaffirmed |
| Long Term-Fund Based-Working Capital Term Loan | 480.00 | [ICRA] AA (Negative) | Reaffirmed |
| Long Term-Fund Based-Term Loan | 583.10 | [ICRA] AA (Negative) | Reaffirmed |
| Long Term-Unallocated | 136.90 | [ICRA] AA (Negative) | Reaffirmed |
Rating Categories
The reaffirmed ratings include both long-term and short-term categories. Long-term instruments totaling Rs. 1,900.00 crores received [ICRA]AA(Negative) ratings, while the Commercial Paper facility of Rs. 500.00 crores maintained its [ICRA]A1+ rating.
The largest single facility is the Non-Convertible Debentures program worth Rs. 700.00 crores, followed by the Term Loan facility of Rs. 583.10 crores. The Working Capital Term Loan stands at Rs. 480.00 crores, with an additional Long Term-Unallocated facility of Rs. 136.90 crores.
Regulatory Compliance
PCBL Chemical Limited has informed both National Stock Exchange of India Limited and BSE Limited about the credit rating reaffirmations as per regulatory requirements. The company secretary and chief legal officer K. Mukherjee signed the disclosure document on 12th February, 2026.
The company, formerly known as PCBL Limited, maintains its registered office at 31 Netaji Subhas Road, Kolkata, and corporate office at RPSG House in Kolkata. The rating reaffirmations provide continuity in the company's credit profile across its diverse funding requirements.
Historical Stock Returns for PCBL Chemical
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.32% | +11.37% | +10.45% | -14.65% | -15.51% | +218.67% |
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